币界网报道：Bitcoin miners are offloading their BTC holdings as the cryptocurrency's price struggles to gain momentum, signaling potential concerns about profitability amid high operational costs. Data from CryptoQuant shows miner reserves have dropped to their lowest levels since 2021, with significant outflows from mining pools like F2Pool and Antpool. Analysts suggest miners may be selling to cover expenses or hedging against further price declines, especially after Bitcoin's post-halving rally failed to materialize. The increased selling pressure could delay a sustained BTC price recovery, though some experts argue that miner capitulation often precedes market bottoms. Meanwhile, mining difficulty remains near all-time highs, squeezing margins for less efficient operators. The trend highlights ongoing challenges in the mining sector as it adjusts to post-halving economics.